Daily Policy Digest

Tax and Spending Issues

Raising Taxes on the Wealthy Would Hurt the Economy

By raising the capital gains tax, all income groups, not just the wealthy, would see lower after-tax incomes...

Pension Debt Burdens Will Fall on Millennials

The California pension system had $142.7 billion in unfunded liabilities as of 2012...

Obama Tax Credit Would Do Little to Help Families

President Obama is proposing to give families with two earners a $500 tax credit...

Capital Gains Taxes Should Go Down, Not Up

The president wants to raise the top tax rate on capital gains and dividends to 28 percent...

Growing Numbers of Americans Are Receiving Means-Tested Benefits

From 1963 to 2013, government transfers from entitlements were the fastest growing source of personal income...

Retiree Health Care Benefits Massively Underfunded

Just 11 states in the country have funded more than 10 percent of their retiree health care liabilities...

Disability Fund Running Dry

The federal disability fund is in trouble, with payments rising year to year as more workers enter the program...

$412 Billion in Welfare Spending in 2013

Between 1998 and 2013, the United States saw an 83 percent increase in federal welfare spending...

Government Made $106 Billion in Improper Payments

New figures indicate that the federal government made $106 billion in improper payments in 2013...

You're Paying Double for Sugar

American sugar prices would be a lot lower if the government would stop interfering in the sugar market...


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